Timber Creek Capital Management LLC Buys 5,150 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Timber Creek Capital Management LLC raised its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2.3% during the fourth quarter, HoldingsChannel reports. The firm owned 225,409 shares of the company’s stock after buying an additional 5,150 shares during the quarter. abrdn Physical Gold Shares ETF comprises 1.6% of Timber Creek Capital Management LLC’s holdings, making the stock its 26th largest position. Timber Creek Capital Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $5,646,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Ervin Investment Management LLC boosted its stake in shares of abrdn Physical Gold Shares ETF by 30.5% during the 4th quarter. Ervin Investment Management LLC now owns 102,385 shares of the company’s stock worth $2,565,000 after purchasing an additional 23,910 shares during the period. FMR LLC boosted its position in shares of abrdn Physical Gold Shares ETF by 18.1% during the third quarter. FMR LLC now owns 4,250 shares of the company’s stock valued at $107,000 after buying an additional 652 shares during the period. JPMorgan Chase & Co. boosted its position in shares of abrdn Physical Gold Shares ETF by 393.3% during the third quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after buying an additional 706,134 shares during the period. International Assets Investment Management LLC bought a new position in shares of abrdn Physical Gold Shares ETF during the third quarter valued at approximately $725,000. Finally, Foundations Investment Advisors LLC raised its holdings in shares of abrdn Physical Gold Shares ETF by 24.6% in the third quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock worth $1,478,000 after buying an additional 11,601 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

SGOL opened at $27.99 on Wednesday. The business has a fifty day moving average of $26.02 and a 200 day moving average of $25.27. abrdn Physical Gold Shares ETF has a 52-week low of $19.31 and a 52-week high of $28.03.

abrdn Physical Gold Shares ETF Company Profile

The abrdn Physical Gold Shares ETF (SGOL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars. SGOL was launched on Sep 9, 2009 and is managed by Abrdn.